American Diversified Holdings Inc (ADHC)

[goldpenny7]

A merger with a listing service not so great

I hold a lot of ADHC, and I run a lot of web sites. Some were listing sites. To think that ADHC may make a HUGE mistake and offer gobs of money or gobs of shares for an internet listing web site - would crush my faith in ADHC.

Think back to the DOTCOM late 1990's when everyone thought any and all dot.com business was a gold mine. A slick web page and a toll free number convinced many prospective buyers of those web sites that they were dealing with a HUGE company. When in fact, they were dealing with 1 person who had the website on his/her own home computer. Yes, I made $10k a year max in the early 2000's with a listing service for appraisers who paid $200 a year to be listed there.

BUT guess what happened. Suddenly about 30-40 other competing appraisal listings sites sprung up. They realized it costs just $10 a year to register a domain name, and $150 a year to host the Listing Service website. The same thing will happen with ALL marijuana type listing sites. They will soon be useless since anyone can just type into google something like Marijuana near MYHOME and come up with gobs of marijuana related businesses near where I live.

I wish ADHC would instead concentrate on actually buying marijuana farms. The supplier ALWAYS ALWAYS makes out -- no matter what.